Karthikeyan Srinivasan – CEO
Mr. Karthikeyan Srinivasan is the Chief Executive Officer and Whole-time Director at IndoStar Capital. He is a qualified Cost Accountant from the Institute of Cost Accountants of India and holds an MBA in Finance & Marketing from Alagappa Institute of Management. He has over 25 years of experience in the areas of Retail Sales, Client Servicing, Credit / Portfolio Management and People Management in banking and financial services sector and has handled a wide range of financial products including Commercial Vehicle Loans, Construction Equipment Loan, Tractor Loans, Two-wheeler Loans etc. He has worked with various Banks like ICICI Bank Ltd, Kotak Mahindra Finance Limited, Cholamandalam Investment and Finance Company Ltd.
Vinodkumar Panicker – CFO
Vinodkumar Panicker is the Chief Financial Officer. With a career span of over 32 years serving in Banking & Financial Services and having rich experience in managing & handling finance & accounts, legal & secretarial, investors & analysts, board members etc. Professionally he has worked with Muthoot Pappachan Group, Rajan Raheja Group, Asianet Satellite Communications Ltd. Mediaturf Worldwide India Pvt. Ltd. Cadbury, Schweppes Beverages India, Coco Cola India, etc. In his last assignment with Muthoot Pappachan Group he was designated as CFO.
Nitin Gyanchandani – CRO
Nitin Gyanchandani is a qualified Chartered Accountant from Institute of Chartered Accountant of India. He has over 18 years of experience in the Banking and Financial Services and has a rich experience in managing Corporate Banking and Credit Underwriting & analysis. He has also handled a wide range of financial products including commercial vehicle loans, construction equipment loan, healthcare and Auto Loans etc. He has played critical strategic roles and worked with cross-functional teams in laying down credit policies, developing new products, managed various Retail asset credit portfolios, managed all India Geographies, and trained underwriting teams. He has worked across Risk Management, Credit Underwriting & Analysis, Healthcare, and Auto. He was previously associated with premier financial organizations in the BFSI space including ICICI Bank Ltd and PricewaterhouseCoopers.
Rashmita Prajapati – CCO
Rashmita Prajapati is the Chief Compliance Officer and has been associated with the Company since August 2023. She is a qualified Company Secretary from Institute of Company Secretaries of India. She holds a Bachelor‘s degree in Commerce and also in Law from the University of Mumbai. She has around 17 years of experience in handling SEBI compliances for Mutual Funds which includes regulatory reporting to the Board of Directors and regulators, interacting with the regulators, handling various product launches and ongoing compliances, listing related requirements (for Mutual Funds), training of employees, handling regulatory inspections and group related compliances. Rashmita Prajapati has previously worked with HDFC Asset Management Company Limited and HDFC Limited.
Shikha Jain – CS
Shikha Jain is a Commerce Graduate and a qualified Company Secretary from the Institute of Company Secretaries of India. She has experience in working under secretarial department of Public and Private Limited Companies. She has worked with IIFL Wealth Finance Limited and Anand Rathi Group prior to joining IndoStar Capital Finance Ltd.
Bobby Parikh
Mr. Bobby Parikh is the Chairman and Non-Executive Independent Director of IndoStar. He has nearly three decades of experience in financial services industry/reorganisations. Mr. Parikh’s area of focus is providing tax and regulatory advice in relation to transactions and other forms of business reorganizations. He has founded Bobby Parikh Associates, a boutique firm focused on providing strategic tax and regulatory advisory services. Mr. Parikh is a qualified Chartered Accountant from the Institute of Chartered Accountants of India and holds a Bachelor of Commerce degree from the University of Mumbai.
Naina Krishna Murthy
Ms. Naina Krishna Murthy is a Non-Executive Independent Director of IndoStar. She has more than two decades of experience in the legal sector. She is the Founder and Managing Partner of Krishnamurthy & Company. She is also a trusted legal advisor to numerous corporations. Over the years, Ms. Murthy has built a strong reputation in corporate commercial law, specifically in the areas of mergers and acquisitions, joint ventures, collaborations and PE/VC investments. She was recognised by India Business Law Journal as ‘A List’ of India’s top 100 lawyers in 2018, 2017 and 2016. She holds a degree in Law, with a B.A. and LLB (Hons) from National Law School, Bangalore.
Hemant Kaul
Mr. Hemant Kaul is a Non-Executive Independent Director of IndoStar. He has vast experience as an independent management consultant, having worked with private equity firms to evaluate investments in the financial sector. Earlier, Mr. Kaul has also been the MD & CEO of Bajaj Allianz General Insurance Co Ltd. and the Executive Director of Axis Bank. Mr. Kaul holds a Bachelor’s degree in Science and a Master’s degree in Business Administration from Rajasthan University.
Aditya Joshi
Mr. Aditya Joshi is a Non-Executive Non-Independent Director of IndoStar. He is also a Managing Director in Brookfield’s Private Equity Group, and heads the private equity business for Brookfield in India. Mr. Joshi was responsible for conceptualizing Brookfield’s private equity strategy for India, nurturing and developing a high-quality team, building a robust sourcing engine, and leading deal execution and ongoing portfolio monitoring. Mr. Joshi joined Brookfield in March 2019. Prior to Brookfield, he was a Principal at Apax Partners in India, and led and participated in deals across healthcare, technology services, and financial services. Prior to Apax, he worked at The Blackstone Group in India, where he focused on investment opportunities primarily across technology services and business services. Prior to Blackstone, Mr. Joshi worked at Morgan Stanley in India, where he worked on fund raising and mergers and acquisitions across technology services, business services, telecom, amongst other industries. Mr. Joshi holds a Master of Business Administration degree from The Wharton School, University of Pennsylvania, a bachelor’s degree in accounting and finance from the University of Pune, and is a Chartered Accountant and member of The Institute of Chartered Accountants of India. Mr. Joshi is a member of FICCI’s National Committee on Private Equity for India.
Dhanpal Jhaveri
Mr. Dhanpal Jhaveri is a Non–Executive Non-Independent Director of IndoStar. He has over two decades of experience in investments, strategy, M&A and investment banking. Currently, he is a Managing Partner at the Everstone Group. Prior to joining Everstone, Mr. Jhaveri worked as Director (Corporate Strategy) with Vedanta Resources Plc. His previous assignments include being the Head of Investment Banking at ICICI Securities and Partner for Corporate Finance at KPMG. Mr. Jhaveri holds a degree in Bachelor of Commerce from the University of Mumbai and an MBA from Babson College, USA.
